Uniqlo owner Fast Retailing annual profit rises 28% to fresh record
(Reuters) – Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, reported on Thursday that full-year operating profit rose 28%…
Ericsson shares volatile after results, $2.9 billion charge
(Reuters) – Ericsson shares were volatile on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker…
Venezuela bondholders file claim to New York court amid tolling agreement
(Reuters) – Holders of defaulted debt issued by Venezuela and its state oil company said they made two filings in…
China bans new offshore brokerage accounts in capital control move
(Reuters) – China has for the first time issued a notice prohibiting domestic brokerages and their overseas units from taking…
UAW expands auto strike to Ford’s biggest plant in surprise move
(Reuters) -United Auto Workers on Wednesday shut down Ford (NYSE:F)’s biggest plant globally, halting production of lucrative pickup trucks with…
European stocks edge higher; U.K. GDP offers hope of future growth
European stock markets traded higher Thursday, helped by signs of U.K. growth ahead of the release of key U.S. consumer…
Putin says OPEC+ coordination to continue
(Reuters) – Russian President Vladimir Putin said on Wednesday that coordination by the OPEC+ group of leading oil producers would…
Oil falls after Saudi pledge; investors keep wary eye on Israel
(Reuters) – Oil prices fell on Wednesday, as fears of disruption to supplies due to conflict in the Middle East…
Boeing called a buy after Q3 delivery numbers: 5 big analyst picks
Boeing started with Buy rating at UBS UBS initiated coverage on Boeing (NYSE:BA) with a Buy rating on Wednesday with…
Italian union cuts annual production forecasts for Stellantis
Italy’s FIM Cisl union on Wednesday revised its vehicle production outlook for Stellantis (NYSE:STLA) in Italy for the current year…